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Reckitt ( (GB:RKT) ) has provided an update.
Reckitt Benckiser Group PLC has announced the repurchase of 78,000 of its ordinary shares from HSBC Bank plc, as authorized by shareholders during the company’s Annual General Meeting in May 2024. These repurchased shares will be held in treasury, impacting the company’s total voting rights, which now stand at 685,412,933. This move aligns with the company’s strategic financial management and impacts shareholder equity and voting dynamics.
More about Reckitt
Reckitt Benckiser Group PLC operates in the consumer goods industry, focusing on health, hygiene, and home products. The company is known for its various brands, providing essential products and solutions that cater to global markets.
YTD Price Performance: 4.95%
Average Trading Volume: 1,588,446
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £34.77B
For an in-depth examination of RKT stock, go to TipRanks’ Stock Analysis page.
